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Which Country Trades the Most?

Merchandise Trade (As % of GDP) (%), 2021 or latest
Economy | February 1, 2023
$2.99
Excel Sheet

Based on a comparison of 169 countries in 2021, Hong Kong ranked the highest in merchandise trade as a share of GDP with 374% followed by Singapore and Djibouti. On the other end of the scale was Cuba with 8.32%, Ethiopia with 17.9% and Haiti with 20.0%.

Average merchandise trade as a share of GDP reached 46.8% in 2021 in the World according to the National Statistical Office. This is 10.3 % more than in the previous year and -6.67 % less than 10 years ago.

Historically, average merchandise trade as a share of GDP reached an all time high of 51.1% in 2008 and an all time low of 16.0% in 1962. The average annual growth amounted to 1.71 % since 1960.

Data for more countries are available at Merchandise Trade (As % of GDP) indicator page.

Merchandise Trade (As % of GDP) Unit 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Belgium % 167% 163% 167% 170% 163%
Brunei % 74.1% 66.3% 71.4% 79.1% 90.1%
Cambodia % 121% 112% 115% 123% 130%
Czechia % 159% 156% 158% 155% 150%
Djibouti % 41.5% 156% 244% 245% 263%
Hong Kong % 346% 331% 334% 330% 306%
Hungary % 152% 152% 155% 153% 149%
Macedonia % 109% 108% 118% 126% 132%
Malaysia % 125% 119% 130% 130% 121%
Netherlands % 141% 137% 147% 150% 148%
Singapore % 211% 193% 204% 208% 200%
Slovakia % 166% 169% 173% 176% 170%
Slovenia % 143% 142% 153% 160% 164%
United Arab Emirates % 152% 152% 146% 148% 162%
Vietnam % 137% 137% 152% 155% 155%

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